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How Are Insurance Markets Adapting to Climate Change? Risk Classification and Pricing in the Market for Homeowners Insurance

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NBER2024-07-01 更新2025-01-04 收录
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Property insurance is critical for reducing household exposure to severe weather risks and aiding in recovery when disaster strikes. As climate risks escalate, insurers are investing in more sophisticated methods to classify and price complex disaster risks. We use proprietary data on parcel-level

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2024-07-01
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